School of the Art Institute of Chicago

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2016 Undergraduate Tuition

$44,910

4.1% growth from 2015

2016 Average Net Price

$43,494

After Financial Aid

2015 Student Loan

5.69%

Default Rate

2016 Acceptance Rate

59.3%

5,244 Applicants

2016 Enrolled Students

3,569

93.8% Full-Time

2016 Graduation Rate

65.7%

307 Graduates

About

School of the Art Institute of Chicago is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at School of the Art Institute of Chicago were General Fine Studio Arts (750 degrees awarded), General Visual & Performing Arts (25 degrees), and Art History, Criticism, & Conservation (14 degrees).

In 2016, 1,139 degrees were awarded across all undergraduate and graduate programs at School of the Art Institute of Chicago. 69.5% of these degrees were awarded to women, and 30.5% awarded men. The majority of degree recipients were white (545 degrees), 4.22 times more than then the next closest race/ethnicity group, asian (129 degrees).

The median undergraduate tuition at School of the Art Institute of Chicago is $44,910, which is $30,939 more than the national average for Special Focus Institutions ($13,971).

Costs

The median undergraduate tuition at School of the Art Institute of Chicago is $44,910, which is $30,939 more than the national average for Special Focus Institutions ($13,971).

After taking grants and loans into account, the average net price for students is $43,494.

In 2016, 90% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$44,910

2016 Undergraduate Tuition

In 2016, the cost of tuition at School of the Art Institute of Chicago was $44,910. The cost of tuition at School of the Art Institute of Chicago is $30,939 more than than the overall (public and private) national average for Special Focus Institutions ($13,971).

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Average Net Price

$43,494

2016 Value

1.99%

1 Year Growth

In 2016 School of the Art Institute of Chicago had an average net price — the price paid after factoring in grants and loans — of $43,494. Between 2015 and 2016, the average net price of School of the Art Institute of Chicago grew by 1.99%.

This chart compares the average net price of School of the Art Institute of Chicago (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,330

Room and Board

$1,770

Books and Supplies

The average yearly cost of room and board at School of the Art Institute of Chicago was of $11,330 in 2016. During the same period, the average yearly cost of books and supplies was $1,770. The cost of room and board increased by 3.61% between 2015 and 2016. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at School of the Art Institute of Chicago (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

90%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

90% of undergraduate students at School of the Art Institute of Chicago received grants or loans in 2016. This represents a decline of 2.17% with respect to 2015, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at School of the Art Institute of Chicago (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

5.69%

2015 Default Rate

40

Number of Defaults

In 2015 the default rate for borrower's at School of the Art Institute of Chicago was 5.69%, which represents 40 out of the 703 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

School of the Art Institute of Chicago received 5,244 undergraduate applications in 2016, which represents a 24.6% annual growth. Out of those 5,244 applicants, 3,111 students were accepted for enrollment, representing a 59.3% acceptance rate.

There were 3,569 students enrolled at School of the Art Institute of Chicago in 2016, and 37% of first-time enrollees submitted SAT scores with their applications.

School of the Art Institute of Chicago has an overall enrollment yield of 20.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59.3%

Acceptance Rate in 2016

3,111

Accepted Out of 5,244

In 2016, the undergraduate acceptance rate of School of the Art Institute of Chicago was 59.3% (3,111 admissions from 5,244 applications). This is lower than the acceptance rate of 2015, which was 66.5%. Between 2015 and 2016, the number of applicants grew by 24.6%, while admissions grew by 11.1%.

This chart compares the acceptance rate of School of the Art Institute of Chicago (in red) with that of other similar universities.

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SAT Scores

37%

Submission Percentage

223

Scores Submitted

37% of enrolled first-time students at School of the Art Institute of Chicago in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

School of the Art Institute of Chicago has a total enrollment of 3,569 students. The full-time enrollment at School of the Art Institute of Chicago is 3,346 students and the part-time enrollment is 223. This means that 93.8% of students enrolled at School of the Art Institute of Chicago are enrolled full-time.

The enrolled student population at School of the Art Institute of Chicago, both undergraduate and graduate, is 35.6% White, 10.6% Hispanic or Latino, 10.3% Asian, 3.67% Black or African American, 2.75% Two or More Races, 0.252% American Indian or Alaska Native, and 0.056% Native Hawaiian or Other Pacific Islanders.

Students enrolled at School of the Art Institute of Chicago in full-time Undergraduate programs are majority White Female (24%), followed by White Male (9.88%) and Asian Female (8.84%). Students enrolled in full-time Graduate programs are majority White Female (25%), followed by White Male (12.3%) and Hispanic or Latino Female (6.77%).

Full-Time vs Part-Time Enrollment

93.8%

Full-Time Enrollment

The total enrollment at School of the Art Institute of Chicago, both undergraduate and graduate, is 3,569 students. The full-time enrollment at School of the Art Institute of Chicago is 3,346 and the part-time enrollment is 223. This means that 93.8% of students enrolled at School of the Art Institute of Chicago are enrolled full-time compared with 70.8% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at School of the Art Institute of Chicago (in red) compares to similar universities.

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Retention Rate over Time

81%

2016 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at School of the Art Institute of Chicago was 81%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), School of the Art Institute of Chicago had a retention rate higher than its peers.

This chart shows the retention rate over time at School of the Art Institute of Chicago (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,269

  2. Hispanic or Latino

    379

  3. Asian

    368

The enrolled student population at School of the Art Institute of Chicago is 35.6% White, 10.6% Hispanic or Latino, 10.3% Asian, 3.67% Black or African American, 2.75% Two or More Races, 0.252% American Indian or Alaska Native, and 0.056% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 45.5% White, 15.4% Black or African American, and 15.3% Hispanic or Latino.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 185 students (5.18%) did not report their race.

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Graduates

In 2016, 445 more women than men received degrees from School of the Art Institute of Chicago. The majority of degree recipients at School of the Art Institute of Chicago are white (545 degrees awarded). There were 4.22 times more white graduates than the next closest race/ethnicity group, asian (129 degrees).

The most common Bachelor's Degree concentration at School of the Art Institute of Chicago is General Fine Studio Arts (750 degrees awarded), followed by General Visual & Performing Arts (25 degrees) and Art History, Criticism, & Conservation (14 degrees).

The most specialized majors across all degree types at School of the Art Institute of Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (1,013 degrees awarded), Architecture and Related Services (39 degrees), and English (33 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Elementary & middle school teachers (2,052,038 people), Registered nurses (1,299,111 people), Secondary school teachers (361,081 people), Education administrators (308,666 people), and Miscellaneous managers (298,427 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (1,013 degrees awarded), Architecture and Related Services (39 degrees), English (33 degrees), Education (22 degrees), and Health (29 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Aircraft pilots & flight engineers, Physicians & surgeons, Dentists, Dental hygienists, and Chief executives & legislators

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (1,013 degrees awarded), Architecture and Related Services (39 degrees), English (33 degrees), Education (22 degrees), and Health (29 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Elementary & secondary schools (3,157,860 people), Hospitals (1,564,816 people), Colleges, universities & professional schools, including junior colleges (520,315 people), Outpatient care centers (236,071 people), and Offices of physicians (201,732 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (1,013 degrees awarded), Architecture and Related Services (39 degrees), English (33 degrees), Education (22 degrees), and Health (29 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by School of the Art Institute of Chicago.

Most Common

  1. 750 degrees awarded

  2. 25 degrees awarded

  3. 14 degrees awarded

In 2016, the most common bachelors degree concentration at School of the Art Institute of Chicago was General Fine Studio Arts with 750 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at School of the Art Institute of Chicago according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 347

  2. 792

In 2016, 347 degrees were awarded to men at School of the Art Institute of Chicago, which is 0.438 times less than the number of degrees awarded to females (792).

This chart displays the gender disparity between the top 5 majors at School of the Art Institute of Chicago by degrees awarded.

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Most Common Male Majors

In 2016, 286 degrees were awarded to men at School of the Art Institute of Chicago in General Fine Studio Arts, which is 0.466 times less than the 614 female recipients with that same degree.

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Most Common Female Majors

In 2016, 614 degrees were awarded to women at School of the Art Institute of Chicago in General Fine Studio Arts, which is 2.15 times more than the 286 male recipients with that same degree.

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Time to Complete

37%

100% Completion Time

57%

150% Completion Time

In 2016, 37% of students graduating from School of the Art Institute of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at School of the Art Institute of Chicago is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.63% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    545 degrees awarded

  2. Asian

    129 degrees awarded

  3. Hispanic or Latino

    84 degrees awarded

The most common race/ethnicity at School of the Art Institute of Chicago is white (545 degrees awarded). There were 4.22 times more white recipients than the next closest race/ethnicity group, asian (129 degrees).

2.02% of degree recipients (23 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    365 degrees awarded

  2. White Male

    180 degrees awarded

  3. Asian Female

    104 degrees awarded

The most common race/ethnicity and gender grouping at School of the Art Institute of Chicago is white female (365 degrees awarded). There were 2.03 times more white female recipients than the next closest race/ethnicity group, white male (180 degrees).

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Operations

School of the Art Institute of Chicago has an endowment valued at nearly $196M, as of the end of the 2015 fiscal year. The return on its endowment was of $8.89M (4.54%), compared to the 0.512% average return ($49.1k on $9.59M) across all Special Focus Institutions.

In 2015, School of the Art Institute of Chicago had a total expenditure of $N/A. Of that $N/A, they spent $55M on salaries and $N/A on benefits.

School of the Art Institute of Chicago employs 62 Associate professors, 53 Professors, and 37 Assistant professors. Most academics at School of the Art Institute of Chicago are Male Associate professors (37), Male Professors(28), and Female Professors (25).

The most common positions for non-instructional staff at School of the Art Institute of Chicago are: Office and Administrative Support, with 85 employees, Management, with 75 employees, and Business and Financial Operations with 74 employees.

Finances

Endowment

$196M

2015 Endowment

3.06%

growth from 2014

School of the Art Institute of Chicago has an endowment valued at about $196M, as of the end of the 2015 fiscal year. The endowment of School of the Art Institute of Chicago grew 3.06% from the previous year. The value of their endowment was $186M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at School of the Art Institute of Chicago (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $361k - Federal

  2. $64k - State

  3. $9k - Local

As of 2015, School of the Art Institute of Chicago received $361k in grants and contracts from the federal government, $64k from state grants and contracts, and $9k from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$55M

Salary Expenditure

$N/A

Benefits Expenditure

In 2015, School of the Art Institute of Chicago had a total expenditure of $N/A. Of that $N/A, they spent $55M on salaries and $N/A on benefits.

The bar chart shows the share of the primary expenses at School of the Art Institute of Chicago over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Special Focus Institutions Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at School of the Art Institute of Chicago as a share of total expenditure.

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Salary Expenditure

$55M

2015 Salaries

6.76%

growth from 2014

In 2015, School of the Art Institute of Chicago paid a median of $55M in salaries, which represents N/A% of their overall expenditure ($N/A) and a 6.76% growth from the previous year. This is compared to a 4.45% growth from 2013 and a 4.27% growth from 2012.

The median for similar Special Focus Institutions is 2.52M (38.1% of overall expenditures).

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Instructional Salaries

$13.3M

Instructional Salaries

153

Number of Employees

In 2015, School of the Art Institute of Chicago paid a total of $13.3M to 153 employees working as instructors, which represents 24.2% of all salaries paid.

This is compared to a median of $639k (25.3%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

62 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

85 Employees

In 2016, the most common positions for instructional staff at School of the Art Institute of Chicago were Associate professor with 62 employees; Professor with 53 employees; and Professor with 37 employees.

In 2016, the most common positions for non-instructional staff at School of the Art Institute of Chicago were Office and Administrative Support with 85 employees; Management with 75 employees; and Business and Financial Operations with 74 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Male Professor

  3. Female Professor

In 2016, the most common demographic for instructional staff at School of the Art Institute of Chicago was Male Associate professor with 37 employees, Male Professor with 28 employees, and Female Professor with 25 employees.

This chart shows the gender split between each academic rank present at School of the Art Institute of Chicago.

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